Hans-Hermann Hoppe

Democracy: The God That Failed

22:02 min
Economics, Philosophy, Politics
304 pages, 2001

What if the very system we believe protects freedom actually destroys it? Hans-Hermann Hoppe's work challenges democracy's fundamental assumptions, arguing that democratic governance systematically erodes property rights, encourages short-term thinking, and creates perpetual conflict through redistributive policies. This short examines how time preference shapes civilizational development, comparing monarchical preservation instincts with democratic consumption patterns, and then presents a radical alternative: a natural order based entirely on private property and voluntary cooperation. Through detailed analysis of economic incentives, migration policy, and defense mechanisms, Hoppe demonstrates how privatization and decentralization could restore prosperity and social harmony.

Hans-Hermann Hoppe

Hans-Hermann Hoppe is a German-American economist and political theorist who served as Distinguished Fellow at the Ludwig von Mises Institute and Professor Emeritus of Economics at the University of Nevada, Las Vegas. Trained in Austrian School economics, Hoppe has become a leading voice in anarcho-capitalist and libertarian theory, focusing on how different governance structures affect property rights and economic development. His scholarly work applies Austrian economic principles to political theory, establishing him as a prominent critic of democratic systems and advocate for stateless social organization based on private property and voluntary exchange.

Chapters

Low time preference drives civilization by encouraging long-term thinking and investment, while high time preference leads to short-term focus and societal decline.
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Cover of Democracy: The God That Failed